The 3,000-km “Power of Siberia” pipeline supplied China with 840 million cubic meters of natural gas since it launched in December last year. This amount is equal to 10 million cubic meters a day.
The 30-year, $400 billion deal signed in 2014 has the potential to transform northeast China’s energy landscape and even slow the country’s surging imports of liquefied natural gas (LNG).
A total of 5 billion cubic meters of gas are set to be delivered by Gazprom this year according to China’s commerce ministry. A rise of more than 10 billion cubic meters a year are expected until 2022.
According to the news agency Xinhua China imported more than 250 million cubic meters natural gas via pipeline from January through February this year.